03/31/2014
In a case of clear and avoidable conflicts of interest, financial services company Riscura, which, among other things, advises major retirement funds on investments, has raked in millions of rands from asset managers it has recommended in the past.
03/28/2014
African Internet Holding’s online real-estate startup Lamudi has responded to warnings of slow growth in emerging markets, saying that selected emerging markets remained promising locations for business investment.
03/27/2014
State-owned China Development Bank, which lends across the world on behalf of Beijing, signed its second pact in a week with a Western bank to cooperate in Africa.
03/26/2014
For he first time since 2002, South African fund managers are wary of investing in local equities as they expect negative returns.
03/26/2014
“If you’re not going to put money in real estate, where else?,” quips Samir Tapir who invested most of his money in New York real estate in the 1990s and subsquently became a billionaire in 2002.
03/26/2014
The IPD South Africa Annual Property Index shows that the South African investment property sector delivered a stable 15.3% total return in 2013.
03/26/2014
Three United Bank For Africa subsidiaries, UBA Burkina Faso, Cameroon and Senegal have emerged World’s Best Emerging Market Banks in Africa
03/26/2014
Barclays and the state-run China Development Bank Corporation have rewritten their long-standing partnership to include deal-making in Africa, providing further evidence of China's ambitions on the continent.
03/20/2014
Precious metals ETFs, which issue securities backed by physical metal, have proved a popular way to invest in the sector
03/17/2014
Mexican multi-billionaire's Inbursa to acquire Standard Bank Group's Brazil unit
Grupo Financiero Inbursa, the bank controlled by Mexican multi-billionaire Carlos Slim, said it had agreed to acquire the Brazilian unit of South Africa's Standard Bank Group for approximately $45 million.
03/17/2014
Last year was one to forget for insurers that have identified the mass market as their area of growth.
03/14/2014
Jersey-based Veronika Pechlaner, who manages the Ashburton Global Leaders Equity Fund together with investment director Nick Lee, said: "Our focus is on finding 20 quality mega-caps, which are global leaders within attractive industries.
03/14/2014
Stanbic Bank Zimbabwe has been recognised as the best sub-custody provider in Zimbabwe in Global Investor magazine’s annual Sub-custody Survey.
03/13/2014
Mint resumes making coins for Botswana
The Royal Canadian Mint is pleased to announce that it has produced a new series of multi-ply plated steel circulation coins on behalf of the Bank of Botswana.
03/13/2014
The parent had already held talks with China National Gold Group Corp. in 2012 over selling its majority stake, with discussions ending in January of last year without agreement.
03/13/2014
Tanzania: Ecobank Tanzania Launches 'China Direct' Desk
ECOBANK Tanzania has launched a special desk, known as 'China Direct Initiative, designed to facilitate swift and increased transactions involving trade between China and Tanzania.
03/13/2014
Zimbabwe should set up its sovereign wealth fund when it achieves budget surplus to avoid worsening budget deficits
03/12/2014
Standard Bank Group Ltd. broke even in Angola last August after a law requiring oil companies to use local banks boosted revenue, assets and credit at the unit of Africa’s biggest lender.
03/11/2014
This investment is set to give a boost to the emerging sector of lending exchanges and social lending in South Africa.
03/11/2014
Standard Chartered’s Private Equity Africa division has made its first investment in Africa’s developing power sector with US$57 million into Zambian Energy Corporation.